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Daily (15.11.2018): European year-ahead power prices fell by over 1% on Wednesday, tracking weaker CO2 and coal markets
Oil prices surged on Wednesday, recovering from recent lows as OPEC partners are focusing on output cuts in order to support the market. Nevertheless, gains were still limited by the escalating trade war between the worlds’ biggest economies — U.S. and China. Both Brent crude and WTI rose 1% to settle at $66.12 and at $56.25 a barrel respectively.
read more... 15/11/2018
EU Parliament approves energy efficiency, renewable targets
The European Parliament has approved new targets to increase the use of renewables and improve energy efficiency.
read more... 14/11/2018
Bosnia's Federation aims at 44% share of renewable energy in 2020
Bosnia's Federation government targets a 44% share of renewable energy in the entity's electricity mix in 2020, it said.
read more... 13/11/2018
Daily (30.10.2018): Carbon prices slumped to 3-month lows on Monday
Oil prices eased on Monday, amid weaker stock markets and on signs of rising global supplies shrugging off US sanctions imposed on Iranian crude. In addition, Washington released a report indicating another round of tariffs on Chinese production, which also creates a bearish sentiment. Accordingly, Brent crude edged 0.4% lower at $77.34 a barrel. WTI crude lost 0.8% to $67.04 a barrel.
read more... 30/10/2018
Daily (26.10.2018): German day-ahead electricity price surged by around 20% on Thursday, due to increased demand and lower wind generation
Oil contracts were bullish on Thursday, following the declaration of the minister of Saudi Arabia that major exporters would probably have to support crude markets. Brent crude rose by 1% to $76.89 a barrel. Meanwhile, WTI crude gained 0.8% to close at $67.33 a barrel.
read more... 26/10/2018